http://www.msnbc.msn.com/id/3683270/Oil was $55, but I heard yesterday that oil was down to $46. Now analysts are edgy because of oil prices and a shaky economy.
:crazy:
NEW YORK - Stocks seesawed Monday amid rising crude oil prices and continued weakness in the U.S. dollar, which made some investors uneasy about the economic outlook.
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Crude oil futures crept up toward $50 per barrel as Wall Street worried that OPEC could cut its production just as the winter heating season begins. A barrel of light crude was quoted at $49.11, up 22 cents, on the New York Mercantile Exchange.
Investors also worried that a free-falling dollar, which has been regularly setting record lows in recent weeks, could harm the inflow of foreign investment into U.S. stocks and bonds. The dollar was little changed against the euro and the Japanese yen, remaining near its historic lows.